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PHOTO: CCARLA GOTTGENS/BLOOMBERG
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Suspected China-backed hackers have probed Australia's telecom infrastructure, Mike Burgess, director general of security at the Australian Security Intelligence Organisation, said Wednesday. He named Salt Typhoon and said the country has lost about $1.3 billion worth of trade secrets overall, Burgess said. (Reuters)
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British cyber insurers paid out £197 million pounds last year, or about $259 million, according to the Association of British Insurers. That's more than triple 2023's total. (This Is Money)
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The U.K. plans to regulate the cybersecurity practices of tech providers for minimum standards, such as stricter rules for reporting hacks and higher penalties for cyber violations at companies deemed essential services. (Reuters)
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The lapsed U.S. State and Local Cybersecurity Grant Program would be reinstated under a deal to reopen the federal government. The $1 billion program enacted in 2021 awards money to local governments to bolster cybersecurity measures. The extension would go until Jan. 30. (StateScoop)
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New funding for agentic AI: Israeli startup Tenzai raised $75 million in seed money to develop AI agents for use in penetration testing. Greylock Partners, Battery Ventures and Lux Capital led the raise. (SecurityWeek)
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Amazon kicked off an invitation-only bug bounty program to identify security holes in its Nova AI models. Security researchers hosted at Amazon's Austin office Tuesday could earn awards of up to $25,000. Along with vulnerabilities, they are looking for ways the models could be manipulated to help in dangerous chemical, biological, radiological and nuclear activities.
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